Pokerstars Launch New Tournament Concept

When a half of the field busts out, the event will be finished An innovative tournament concept has been released by a major online poker company Pokerstars, which has already passed the testing stage. It is titled Fifty50 Sit and Go and it is a one-table event which ends when half of the entrants have been eliminated. This implies that, for example, in a 10-player Fifty50 tournament, 5 will get an equal share of a half of the prize pool, whereas the rest will be allocated to them based on the chip count percentages. This week company explained: "The 6th-10th place finishers who have been eliminated win nothing. So in a 10-player $10+$1 Fifty50, the prize pool is $100. Each of the final 5 finishers would receive $10 each, plus a percentage of the remaining $50 in the prize pool. As a more detailed example, in a $300+$17 tournament with ten entrants, the total prize pool is $3,000. Each player starts with 1,500 chips. To calculate the value of Player 1's chips, multiply half the prize pool ($1500) by Player 1's portion of the total chips in play (4300/15000), a total of $430. Adding the returned buy-in awarded to each player who cashes results in Player 1's total prize amount of $730 ($430+$300). As a formula, an individual's payout would be expressed as: payout = buy-in + (ending chip count) x (0.5 x total prize pool) (total chips in play) The Fifty50 tournament lobby displays the approximate amount per 100 chips to be paid out when the tournament ends. The value displayed in the Fifty50 tournament lobby is rounded down to the nearest cent, but payouts are calculated so that the entire prize pool is paid out. Due to the unique payout structure, Fifty50 tournaments are not eligible for any Tournament Leader Board points.”
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